William Stone

Net worth over time

Biography

• Bill Stone started financial-software firm SS&C Technologies in 1986 with the $20,000 he had saved from his days as a KPMG executive.
• His product became popular among asset managers, bankers and insurers who wanted to electronically manage their books.
• He guided the firm to an IPO in 1996, but the dot-com crash nearly crippled the company in 2001.
• Stone refocused and added services such as data centers, then took the company private in 2005.
• In 2011, a resurgent SS&C went public again; Stone remains the firm's largest individual shareholder, with a 15% stake.
• Between June 1999 and December 2001, SS&C went from 610 to 250 employees, as the markets crashed.
• The Evansville, Indiana native was the captain of his high school football team.

Financial assets